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ODD Oddity Tech News Story

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ODDITY Tech Q3 revenue beats estimates on strength in online sales

Overview

ODDITY Tech Q3 revenue grows 24% yr/yr, beating analyst expectations

Adjusted EPS for Q3 beats analyst expectations

Company launched new brand METHODIQ, expanding into medical care solutions

Outlook

ODDITY raises FY2025 revenue outlook to $806-809 mln

Company expects Q4 2025 revenue between $149 mln and $152 mln

ODDITY projects FY2025 adjusted EPS of $2.10-$2.12

Result Drivers

NEW BRAND LAUNCH - Successful soft launch of METHODIQ in Q3, with formal launch in November, aimed at transforming medical care with tech-driven solutions

ONLINE SALES GROWTH - Double-digit online revenue growth for IL MAKIAGE and SpoiledChild contributed to Q3 results

TECH INVESTMENTS - Ongoing development and expansion of ODDITY LABS molecule discovery platform cited as growth driver

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueBeat$148 mln$145.44 mln (8 Analysts)
Q3 Adjusted EPSBeat$0.40$0.35 (8 Analysts)
Q3 EPS$0.28
Q3 Adjusted Net IncomeBeat$25 mln$21.41 mln (6 Analysts)
Q3 Adjusted EBITDABeat$29 mln$27.21 mln (8 Analysts)
Q3 Gross Margin71.60%
Q3 Adjusted EBITDA Margin19.50%
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell" The average consensus recommendation for the personal products peer group is "buy" Wall Street's median 12-month price target for Oddity Tech Ltd is $75.00, about 51.2% above its November 18 closing price of $36.58 The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 31 three months ago Press Release: ID:nGNX8bkVLs For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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